If you have ever asked “What stock should I buy?” or “What is the best trading system?” then you really need to watch this video. These questions are extremely common, BUT it is a HUGE trading mistake.
If you have ever asked “What stock should I buy?” or “What is the best trading system?” then you really need to watch this video. These questions are extremely common, BUT it is a HUGE trading mistake.
Designing and backtesting stock trading systems is a subtle art… many traders focus on the wrong metrics when they are optimizing and refining their systems. Make sure you are not among them!
A trading system is a group of specific parameters that combine to create buy and sell signals for a given security. I would say almost every successful trader has a trading system, but not every trading system is successful because many stock traders optimize their trading systems the wrong way.
In this video I will show you the correct way to optimize a parameter value in Amibroker. The great thing is when you optimize your trading system like this it only takes minutes and you end up with a much more robust trading system.
There is one way of gaining inspiration for your next trading move that more and more stock traders are forgetting about.
Learning to trade stocks may seem hard, but it is easier than digging in a mine… Trading systems are important to sift through the market to find the best trading opportunities.
You need to immerse yourself in trading books as well as YouTube videos so you get a coherent learning experience.
Have you had trouble getting used to trading with a new trading strategy or trading system? This video will help!
Too many traders try to follow exactly the same indicators, trading strategies and trading systems… this makes most commonly known trading strategies worthless, but it only takes a subtle shift from these common strategies to generate great profits.
You wont believe what happened – I had to have a rant about it! This is why Backtesting EVERYTHING for yourself is so important. Learning how to backtest correctly is the number 1 skill for technical traders.
Are you at risk because you havent backtested your stock trading systems?
I have been developing trading systems for over 15 years and today I had to throw away 4 different systems I was working on because they didnt make the grade… but the effort paid off because my fifth system idea was absolute GOLD.
The frustration and satisfaction at the end reminded me that these three things are critical for you to be successful as a trading system developer. This is true regardless of whether you want to trade stocks, futures, forex or cryptocurrencies!